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1st January 2017 Current Affairs MCQs

1st January 2017 Current Affairs MCQs, Quiz, Questions: Current Affairs for January 2017Daily Multiple Choice Questions (MCQs) for India GK, World GK and current affairs with Collection of daily objective type Question by www.Indiagk.net based on General Knowledge (GK) and General Science (GS) Questions for UPSC, State PSC, SSC, Police exam, Railway exam, SBI, Bank PO, IBPC, SSC, LDC, UDC, Army, Airforce, Navy, Coast Guard, Bank Clerk, TET and all entrance examination with current affairs News, Multiple Choice Questions (MCQs) available on Website www.IndiaGK.net and Android Apps with daily updates:.  

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Current Affairs Questions on 1st January 2017 :
What is New ATM withdrawal limit from 1st January 2017?
A. Rs 2500
B. Rs 4500
C. Rs 5000
D. Rs 3000
Answer: B
Explanation: The increased daily limit of withdrawal from ATMs comes into effect from 1st January 2017. The limit was increased from the existing Rs 2,500 to Rs 4,500 per day per card. The notification in this regard was issued by the Reserve Bank of India. Check Detail Explanation at INDIA GK" App: tinyurl.com/IndiaGK

Which government is levying a terror tax?
A. USA
B. Iran
C. Germany
D. France
Answer: D
Explanation: French Government is levying ‘terror tax’ on the property insurance policies of French citizens to help finance a fund for victims of the extremist attacks that have recently hit the country. The measure comes into force on from 1 January 2017 and requires policy holders to contribute 5.90 euros. French government earlier in October 2016 had launched scheme that about 90 million insurance policies are floating the fund which currently has reserves of 1.45 billion euros. More than 200 people have died in France in attacks over the last 20 months.

Which party forms Government in Arunachal with 33 PPA MLAs led by CM Khandu ?
A. Congress
B. CPM
C. BJP
D. TMC
Answer: C
Explanation: BJP formed a new government in Arunachal Pradesh on 31st December with 33 MLAs of PPA led by Chief Minister Pema Khandu joining the party. The development came after 33, out of 43 Peoples' Party of Arunachal (PPA) MLAs, led by Chief Minister Pema Khandu, joined BJP.  Check Detail Explanation at INDIA GK" App: tinyurl.com/IndiaGK


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